Morningstar

New Covenant Income Fund NCICX

Morningstar Medalist Rating
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Medalist Rating as of See New Covenant Investment Hub
  • NAV / 1-Day Return $20.63  /  −0.15 %
  • Fund Size $346.0M
  • Adjusted Expense Ratio 0.750%
  • Net Expense Ratio 0.750%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Intermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $500
  • Investment Status Open
  • TTM Yield 3.44%
  • Average Effective Duration 4.32 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis NCICX

Will NCICX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NCICX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NCICX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NCICX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

New Covenant Income holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings NCICX

More NCICX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 29.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.125%

7.78 31M
Government

2 Year Treasury Note Future Sept 26

5.45 22M
Government

United States Treasury Notes 4.125%

4.31 17M
Government

United States Treasury Notes 4.125%

3.49 14M
Government

United States Treasury Notes 4%

2.62 10M
Government

United States Treasury Notes 3.5%

1.99 8M
Government

Federal National Mortgage Association 3.5%

1.93 8M
Securitized

United States Treasury Notes 3.875%

1.64 7M
Government

SEI Government Institutional (SDIT)

1.47 6M
Cash and Equivalents

United States Treasury Notes 4.125%

1.29 5M
Government

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